Technology Trends AP

China to construct a $2 billion industrial park for AI research

The Chinese government has announced that it will invest a staggering $2.1 billion into the development of a new industrial park for AI research in Beijing. Other global superpowers such as Russia, the United States and the UAE have already invested heavily in AI (artificial intelligence) which has been recognized as a key economic driver in the future.

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SoftBank and Huawei's Wireless X Labs sign ‘Connected Robot’ MoU

Japan's SoftBank and Huawei's Wireless X Labs recently signed a memorandum of understanding (MoU) regarding connected robots. SoftBank plans to offer Cube and Kibako (automated cube robots), while Huawei provides 5G wireless networks. Joint efforts will be conducted to implement 5G-based smart service robots by 2018.

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PCCW Global and DHQ Tech to explore multi-currency ‘Tap & Go’ mobile payment technology

PCCW Global, the international operating division of HKT, Hong Kong's premier telecommunications service provider, and Zhuhai Da Hengqin Science and Technology Development Co., Ltd. (DHQ Tech) will together explore the technological and regulatory viability of promoting multi-currency 'Tap & Go' mobile payment in the Greater Bay Area of Zhuhai, Hong Kong and Macau, in order to boost e-commerce, business trade and tourism in the region.

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